General Stocks News

The Trend Trader for the Dow 30 StocksFor Trading On Tuesday, May 17, 2011 In alphabetical order by symbol Close %Change 3x1 7x5 MinorTrend MajorTrend Trend Reading AA - Alcoa Inc 16.92 − 1.05 17.04 17.16 Bearish AXP - American Express Company 50.07 + 1.17 49.69 49.72 Bullish BA - Boeing Co 77.77 − 1.59 78.84 79.31 Bearish BAC - Bank of America Corporation 11.86 − 0.59 12.04 12.09 Bearish CAT - Caterpillar Inc 106.09 − 0.23 107.40 108.44 Bearish CSCO - Cisco Systems 16.60 − 1.66 16.82 17.17 Bearish CVX - Chevron Corporation 101.65 − 0.72 102.22 102.58 Bearish DD - Dupont(E.I.)Denemours 52.92 + 0.02 53.34 53.86 Bearish DIS - Disney (Walt) Co 40.93 − 1.42 41.34 42.20 Bearish GE - General Electric 19.76 − 0.65 19.94 20.02 Bearish HD - Home Depot Inc 36.98 − 0.08 37.07 37.05 Bearish HPQ - Hewlett-Packard 39.80 − 1.51 40.45 40.79 Bearish IBM - Intl Business Machines Corp 168.86 − 0.62 170.33 170.17 Bearish INTC - Intel Corp 23.64 + 0.98 23.58 23.30 Bullish JNJ - Johnson & Johnson 66.37 − 0.38 66.62 66.35 Neutral JPM - JPMorgan Chase & Co 42.88 − 0.63 43.48 43.88 Bearish KFT - Kraft Foods'A' 34.54 − 1.00 34.73 34.60 Bearish KO - Coca-Cola Co 67.83 − 0.51 68.07 67.93 Bearish MCD - McDonald's Corp 81.14 + 0.50 80.59 80.24 Bullish MMM - 3M Co 95.46 − 0.57 96.00 95.88 Bearish MRK - Merck & Co 37.30 + 0.59 37.13 36.83 Bullish MSFT - Microsoft Corp 24.57 − 1.84 25.03 25.31 Bearish PFE - Pfizer, Inc 20.98 + 0.29 20.89 20.79 Bullish PG - Procter & Gamble 66.94 + 0.12 66.79 66.34 Bullish T - AT&T Inc 31.06 − 1.11 31.38 31.42 Bearish TRV - The...

Equities China’s Shanghai Composite climbed 1%, as investors shrugged off the 8th increase in reserve requirements since October and Hong Kong’s Hang Seng rose .9%. Elsewhere in Asia the Nikkei fell .7% and the Kospi slipped .1%. European markets closed down, even as France and Germany posted strong GDP results which exceeded analyst estimates. The FTSE lost .3%, while the DAX dropped .6%, as ECB chairman, Trichet, urged Greece not to restructure its debt. US stocks fell, with the Dow down 100 points to 12596 and the Nasdaq down 1.2%. Tech shares led the declines, with significant losses in several big-name companies. Rambus tumbled 18% after an Appeals Court concluded the company destroyed documents Nasdaq Falls 1.2% regarding a patent infringement lawsuit. Nvidia dropped 11% on growth concerns while Yahoo fell 3.6%. Treasuries and Commodities US Bonds rose on growing concerns over the European debt crisis. 10- year notes gained 14/32 to yield 3.17%, and 30-year notes rose 25/32 to yield 4.31%. Commodities closed mostly higher, encouraged by...

J.C. Penney (NYSE: JCP) is expected to announce its Q1 earnings results on Monday, May 16. Analysts are expecting earnings per share to stand at $0.25, the same level as in Q1 2010. The Street's estimate was lowered by $0.01 in the last seven days. Revenues are projected to be $3.95 billion, or 0.5% higher than in the same quarter a year ago. The company is a retailer, operating 1,108 J.C. Penney department stores in 49 states and Puerto Rico as of January 30, 2010. Its business consists of selling merchandise and services to consumers through its department stores and direct (Internet/catalog) channels. Looking ahead, earning per share is expected to skyrocket year-over-year in the upcoming quarter. For Q2, analysts expect J.C. Penney to post earnings per share of $0.21, or a 250% rise on a yearly basis. For the year as a whole, earnings per share should reach $2.04, or 28.3% higher than a year ago. Analysts expect revenues will grow...

Markets Markets closed lower after a volatile week marked by volatile prices of commodities and currencies, as investors wrestled with the of a worsening European debt crisis and a global economic slowdown. The Dow Jones Industrial Average fell 42.99 points this week, or 0.34 percent, to close at 12,595.75. On Friday, the blue-chip index sank 100.17 points, or 0.8 percent. The S&P 500 fell 2.43 points this week, or 0.2 percent, to close at 1,337.77. On Friday the S&P fell 10.88 points, or 0.8 percent. The Nasdaq rose 0.9 points or 0.03 percent this week, to close at 2,828.47. On Friday, the tech-heavy index fell 34.57 points, or 1.2 percent. DJIA Forex The Australian dollar ended the week lower by 1.2% against the greenback as a commodities rout accompanied by a broad based risk sell off weighed on higher-yielding, growth backed assets. The aussie was further hit by a disappointing employment report that showed the continent lost 22K jobs in April, missing calls for a...

The Trend Trader for the Dow 30 StocksFor Trading On Monday, May 16, 2011 In alphabetical order by symbol Close %Change 3x1 7x5 MinorTrend MajorTrend Trend Reading AA - Alcoa Inc 17.10 − 0.29 17.09 17.16 Neutral AXP - American Express Company 49.49 − 0.10 49.68 49.72 Bearish BA - Boeing Co 79.03 − 0.48 79.21 79.31 Bearish BAC - Bank of America Corporation 11.93 − 2.21 12.17 12.09 Bearish CAT - Caterpillar Inc 106.33 − 2.12 108.72 108.44 Bearish CSCO - Cisco Systems 16.88 − 0.30 17.19 17.17 Bearish CVX - Chevron Corporation 102.39 − 0.36 102.29 102.58 Neutral DD - Dupont(E.I.)Denemours 52.91 − 1.82 53.84 53.86 Bearish DIS - Disney (Walt) Co 41.52 − 0.14 41.57 42.20 Bearish GE - General Electric 19.89 − 1.24 20.06 20.02 Bearish HD - Home Depot Inc 37.01 − 0.75 37.14 37.05 Bearish HPQ - Hewlett-Packard 40.41 − 1.15 40.85 40.79 Bearish IBM - Intl Business Machines Corp 169.92 − 1.35 170.33 170.17 Bearish INTC - Intel Corp 23.41 − 1.22 23.51 23.30 Neutral JNJ - Johnson & Johnson 66.62 − 0.85 66.59 66.35 Bullish JPM - JPMorgan Chase & Co 43.15 − 2.13 43.95 43.88 Bearish KFT - Kraft Foods'A' 34.89 + 0.40 34.61 34.60 Bullish KO - Coca-Cola Co 68.18 − 0.19 67.86 67.93 Bullish MCD - McDonald's Corp 80.74 + 0.10 80.13 80.24 Bullish MMM - 3M Co 96.01 − 0.66 95.89 95.88 Bullish MRK - Merck & Co 37.08 − 0.32 36.93 36.83 Bullish MSFT - Microsoft Corp 25.03 − 1.15 25.26 25.31 Bearish PFE - Pfizer, Inc 20.92 + 0.14 20.79 20.79 Bullish PG - Procter & Gamble 66.86 + 0.03 66.45 66.34 Bullish T - AT&T Inc 31.41 − 0.73 31.48 31.42 Bearish TRV - The...

The Trend Trader for the Dow 30 StocksFor Trading On Friday, May 13, 2011 In alphabetical order by symbol Close %Change 3x1 7x5 MinorTrend MajorTrend Trend Reading AA - Alcoa Inc 17.15 + 0.59 17.23 17.31 Bearish AXP - American Express Company 49.54 − 0.58 49.88 49.97 Bearish BA - Boeing Co 79.41 + 0.42 79.49 79.35 Neutral BAC - Bank of America Corporation 12.20 − 0.41 12.26 12.41 Bearish CAT - Caterpillar Inc 108.63 − 1.23 110.47 111.76 Bearish CSCO - Cisco Systems 16.93 − 4.78 17.49 17.51 Bearish CVX - Chevron Corporation 102.76 + 0.49 102.89 104.52 Bearish DD - Dupont(E.I.)Denemours 53.89 − 0.42 54.70 55.07 Bearish DIS - Disney (Walt) Co 41.58 + 0.14 42.29 43.05 Bearish GE - General Electric 20.14 + 0.25 20.17 20.18 Bearish HD - Home Depot Inc 37.29 + 0.16 37.18 37.14 Bullish HPQ - Hewlett-Packard 40.88 − 0.44 41.16 40.71 Neutral IBM - Intl Business Machines Corp 172.24 + 1.62 170.22 169.98 Bullish INTC - Intel Corp 23.70 + 1.24 23.34 23.26 Bullish JNJ - Johnson & Johnson 67.19 + 0.93 66.26 65.51 Bullish JPM - JPMorgan Chase & Co 44.09 − 0.32 44.55 45.29 Bearish KFT - Kraft Foods'A' 34.75 + 1.40 34.38 33.93 Bullish KO - Coca-Cola Co 68.31 + 1.47 67.51 67.08 Bullish MCD - McDonald's Corp 80.66 + 1.45 79.77 78.76 Bullish MMM - 3M Co 96.65 + 1.18 95.83 95.98 Bullish MRK - Merck & Co 37.20 + 1.56 36.80 36.40 Bullish MSFT - Microsoft Corp 25.32 − 0.16 25.42 25.87 Bearish PFE - Pfizer, Inc 20.89 + 1.36 20.77 20.61 Bullish PG - Procter & Gamble 66.84 + 1.40 66.02 65.59 Bullish T - AT&T Inc 31.64 + 0.83 31.55 31.41 Bullish TRV - The...

Below is a look at some of the headlines for companies that made news in the healthcare sector on May 11, 2011. Shares of Halozyme Therapeutics, Inc. (Nasdaq:HALO) edged higher Wednesday after the company announced the signing of a worldwide exclusive licensing agreement for the use of rHuPH20 (recombinant human hyaluronidase) in the development of a subcutaneous formulation of Cinryze with ViroPharma Incorporated (Nasdaq:VPHM). Halozyme may receive up to $83 million, commencing with an upfront payment of $9 million and total potential future milestone payments of $74 million dependent upon the achievement of clinical and regulatory targets, plus a 10% royalty on future sales of the combination of Cinryze with rHuPH20. The license provides ViroPharma with exclusivity to C1 esterase inhibition and to the hereditary angioedema (HAE) indication, along with three additional orphan indications. ViroPharma will fund all development and commercialization expenses for the program. Halozyme traded as high as $7.00 before settling the day at $6.77, up 10 cents. Shares of Allos...

Stocks After three positive sessions, US stocks succumbed to selling pressure and finished the day much lower. The S&P 500 led the declines as the index was down over 1.1% (15 points) to 1342, while the Nasdaq dropped 26 points to 2845. Specifically, the energy sector was the biggest loser as another selloff in Oil prices affected individual stocks. Elsewhere, European shares also fell, with the FTSE and DAX both shedding earlier gains to end in the red. European stocks were hit with news that the EU may need to inject further bailout funds to Greece and Portugal to limit the rise in their country’s sovereign debt. Looking ahead, stocks, especially technology names could be under pressure on Thursday, as Cisco delivered a worse than expected earnings forecast after the close of trading on Wednesday. The news sent shares of Cisco down around 2.0% in afterhours trading. Commodities After a few days of rebounding, selling pressure returned to Commodities on Wednesday. Affecting prices...

The Trend Trader for the Dow 30 StocksFor Trading On Thursday, May 12, 2011 In alphabetical order by symbol Close %Change 3x1 7x5 MinorTrend MajorTrend Trend Reading AA - Alcoa Inc 17.05 − 2.68 17.34 17.31 Bearish AXP - American Express Company 49.83 − 0.68 50.10 49.97 Bearish BA - Boeing Co 79.08 − 1.09 79.63 79.35 Bearish BAC - Bank of America Corporation 12.25 − 0.24 12.26 12.41 Bearish CAT - Caterpillar Inc 109.98 − 2.56 111.50 111.76 Bearish CSCO - Cisco Systems 17.78 − 0.06 17.73 17.51 Bullish CVX - Chevron Corporation 102.26 − 2.01 103.50 104.52 Bearish DD - Dupont(E.I.)Denemours 54.12 − 3.17 55.21 55.07 Bearish DIS - Disney (Walt) Co 41.52 − 5.44 42.86 43.05 Bearish GE - General Electric 20.09 − 1.03 20.16 20.18 Bearish HD - Home Depot Inc 37.23 − 0.11 37.09 37.14 Bullish HPQ - Hewlett-Packard 41.06 − 1.23 41.20 40.71 Neutral IBM - Intl Business Machines Corp 169.50 − 0.52 169.51 169.98 Bearish INTC - Intel Corp 23.41 + 1.65 23.10 23.26 Bullish JNJ - Johnson & Johnson 66.57 + 1.23 65.82 65.51 Bullish JPM - JPMorgan Chase & Co 44.23 − 2.06 44.82 45.29 Bearish KFT - Kraft Foods'A' 34.27 + 0.15 34.16 33.93 Bullish KO - Coca-Cola Co 67.32 − 0.03 67.19 67.08 Bullish MCD - McDonald's Corp 79.51 − 0.25 79.52 78.76 Neutral MMM - 3M Co 95.52 − 0.20 95.72 95.98 Bearish MRK - Merck & Co 36.63 − 0.38 36.59 36.40 Bullish MSFT - Microsoft Corp 25.36 − 1.21 25.61 25.87 Bearish PFE - Pfizer, Inc 20.61 − 1.20 20.69 20.61 Neutral PG - Procter & Gamble 65.92 + 0.29 65.55 65.59 Bullish T - AT&T Inc 31.38 − 0.98 31.44 31.41 Bearish TRV - The...

The Trend Trader for the Dow 30 StocksFor Trading On Wednesday, May 11, 2011 In alphabetical order by symbol Close %Change 3x1 7x5 MinorTrend MajorTrend Trend Reading AA - Alcoa Inc 17.52 − 0.06 17.34 17.31 Bullish AXP - American Express Company 50.17 − 0.04 50.18 49.97 Neutral BA - Boeing Co 79.95 + 0.39 79.71 79.35 Bullish BAC - Bank of America Corporation 12.28 + 0.82 12.27 12.41 Neutral CAT - Caterpillar Inc 112.87 + 1.08 111.71 111.76 Bullish CSCO - Cisco Systems 17.79 + 1.08 17.65 17.51 Bullish CVX - Chevron Corporation 104.36 + 0.26 103.76 104.52 Neutral DD - Dupont(E.I.)Denemours 55.89 + 0.87 55.27 55.07 Bullish DIS - Disney (Walt) Co 43.91 + 1.88 43.32 43.05 Bullish GE - General Electric 20.30 + 1.15 20.13 20.18 Bullish HD - Home Depot Inc 37.27 + 0.84 37.06 37.14 Bullish HPQ - Hewlett-Packard 41.57 + 1.34 41.16 40.71 Bullish IBM - Intl Business Machines Corp 170.38 + 0.76 169.45 169.98 Bullish INTC - Intel Corp 23.03 + 1.19 23.07 23.26 Bearish JNJ - Johnson & Johnson 65.76 + 0.20 65.47 65.51 Bullish JPM - JPMorgan Chase & Co 45.16 + 0.44 45.06 45.29 Neutral KFT - Kraft Foods'A' 34.22 + 0.53 34.11 33.93 Bullish KO - Coca-Cola Co 67.34 + 0.58 67.12 67.08 Bullish MCD - McDonald's Corp 79.71 + 0.50 79.31 78.76 Bullish MMM - 3M Co 95.71 − 0.29 95.92 95.98 Bearish MRK - Merck & Co 36.77 + 0.79 36.52 36.40 Bullish MSFT - Microsoft Corp 25.67 − 0.62 25.79 25.87 Bearish PFE - Pfizer, Inc 20.86 + 1.26 20.65 20.61 Bullish PG - Procter & Gamble 65.73 + 0.91 65.43 65.59 Bullish T - AT&T Inc 31.69 + 1.08 31.41 31.41 Bullish TRV - The...